Cushman & Wakefield paints bleak picture for Manhattan office market
Statistics on the Manhattan office market’s dismal third quarter continue to roll in, and the situation for landlords remains...
Cushman & Wakefield
About: Cushman & Wakefield is a commercial real estate firm. Cushman & Wakefield specializes as a leasing and investment-sales broker and provides real estate financial and property management services.
Headquartered in Chicago
Founded in: 1917.
Lead by: CEO Brett White; President John Forrester; CFO Duncan Palmer
Cushman & Wakefield Q&A
Where does Cushman & Wakefield operate?
Headquartered in Chicago, Cushman & Wakefield is an international company, with hundreds of offices in 70 countries. They manage 3.6 billion square feet of real estate across these offices.
What does Cushman & Wakefield do?
Cushman & Wakefield offers a variety of real estate services, including agency leasing, asset and investment management, facilities and development services, and more. Its clients have included the Port Authority of New York and New Jersey, Brookfield Properties, the Trump Organization, Tishman Speyer, Boston Properties, Morgan Stanley, SL Green Realty and the Blackstone Group.
Who owns Cushman & Wakefield?
Cushman & Wakefield is majority-owned by TPG Capital, a private equity firm, which purchased Cushman & Wakefield along with DTZ and Cassidy Turley in 2015. In 2018 it debuted on the New York Stock Exchange, although TPG retained its controlling stake.
Want to know more about Cushman & Wakefield?
Check out our Top Stories below for The Real Deal's most up-to-date coverage of Cushman & Wakefield.
The Latest
National
Newmark Group rejects Cushman & Wakefield takeover offer
Newmark Group recently rejected a takeover offer from rival Cushman & Wakefield. Newmark was not interested in the deal,...
National
Lawsuits against Cushman & Wakefield target appraisers’ pay
Dimitri Dixon has done appraisals for Cushman & Wakefield since 2007, but unlike most workers, she ended up in...
National
Report: Office market won’t return to glory until 2025
The office market won’t reach pre-Covid levels until 2025, a brokerage report has found. The analysis by Cushman and...
National
Cushman partners with Industrious in bid to bring the office back
Cushman & Wakefield is betting big on co-working, even as millions of Americans have yet to return to the...
National
Cushman & Wakefield reports $101M quarterly loss
Cushman & Wakefield reported a net loss of $100.8 million in the second quarter, down from a $6.3 million...
IBM narrows search for big Manhattan office
Much has changed since last fall, when IBM was looking for a sizable new office in Manhattan. One thing that hasn’t is that IBM is still pursuing it, even as the pandemic and work-from-home...
National
Look out below: Major real estate services firms brace for falling earnings
The latest earnings reports are approaching for major real estate services firms like CBRE, JLL and Cushman & Wakefield,...
Shakeup at Cushman: Mobley out, McDonald promoted
Cushman & Wakefield is making changes at the top of its Americas division, replacing CEO Shawn Mobley with Andrew...
National
Real estate firms are raising billions in debt and equity. Here’s why
As the economy starts to re-open, real estate players are hungry for cash. On Tuesday, CoStar said it would...